April 30, 2024
“Its warm weather, low taxes and relatively affordable housing market attracted a surge of Americans to Florida during the Covid-19 pandemic, pushing up home values in the state. But as prices stagnate and supply soars in some areas, it seems that Florida’s housing bubble… Continue Reading…
April 29, 2024
“…Overall real estate sales fell 4% nationwide in the first quarter, according to Redfin. Yet, luxury real estate sales increased more than 2%, posting their best year-over-year gains in three years, according to Redfin…” https://www.cnbc.com/2024/04/22/luxury-real-estate-prices-hit-an-all-time-record.html Real estate is going to collapse.… Continue Reading…
April 25, 2024
“…Overall real estate sales fell 4% nationwide in the first quarter, according to Redfin. Yet, luxury real estate sales increased more than 2%, posting their best year-over-year gains in three years, according to Redfin. Real estate experts and brokers chalk up… Continue Reading…
April 17, 2024
“Baby boomers bought up many of the big homes across the U.S. when they were raising their families. Now they’re staying put, even though their kids are all grown up. Boomers are on top in a housing market where tight… Continue Reading…
April 10, 2024
“There is a record number of areas in the U.S. where the “typical” home is worth $1 million or more. In February, the country had 550 “million-dollar” cities, or areas where the “typical” home value is $1 million or more,… Continue Reading…
March 27, 2024
“Thanks to rising home prices and elevated mortgage rates, it’s now cheaper to rent than it is to buy a home in all of America’s biggest metropolitan areas, according to a new report by Realtor.com. In its February monthly rent… Continue Reading…
March 26, 2024
“One of the most lucrative sources of dividend income is real estate investment trusts (REIT). Realty Income (NYSE: O) is a retail REIT that leases space to brick-and-mortar stores… Dollar Tree is Realty Income’s third-largest tenant, and the cost-conscious retailer announced last week that… Continue Reading…
March 22, 2024
“While inflation is 10 times higher now than 60 years ago, home prices are 24 times more expensive, a new study found…. In reality, the cost of a typical house in the U.S. is closer to half a million dollars. The median… Continue Reading…
March 15, 2024
“…Almost four years ago, a household earning $59,000 annually could afford a new mortgage without spending more than 30% of their monthly income and with a 10% down payment, according to a recent report by Zillow Group. That is no longer the… Continue Reading…
March 8, 2024
“…Mortgage applications to purchase a home increased 11% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Demand was still 8% lower than the same week one year ago. The average contract interest… Continue Reading…
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